Broker Name: BitAurox
Broker Type: Forex & CFDs
Operating since year: /
Address: 10 Paternoster Square London EC4M 7LS
Broker status: Active
Phone: +44 (20)37699194
Email: [email protected]
The Trading platforms: MetaTrader 4, MetaTrader 5 and Webtrader
Trading platform Time zone: /
Demo account: No
Mobile trading: No
Web-based trading: Yes
Other trading instruments: Yes
Minimum deposit: $250
Maximal leverage: 1:1000
Spread: Floating From 1 Pip
Scalping allowed: Yes
BitAurox Review: Innovative Brokerage firm
You must be ahead of other participants in the financial market if you want to engage in high-quality and successful trading. It will be challenging at first because you’ll need time to discover a decent companion who will live up to your standards before you can develop. This review will examine a broker firm that seeks to work with traders at the greatest levels of competence. If you read the Bitaurox.com review, you can decide whether it is worthwhile to start trading with this company.
We discussed every key feature of the brokerage firm in our review of BitAurox. It is clear that the broker is trustworthy, given that it is authorized and governed by legal systems. Moreover, it has been in business for more than five years, offers a wide range of trading instruments with favorable trading terms, and rewards its customers through a number of initiatives. The broker also has a dedicated support team and offers a variety of account options to meet the demands of different types of traders. Overall, BitAurox is a broker that prioritizes the needs of its clients and views business and trader gains as mutually exclusive.
The experience of trading online is inextricably linked to forex brokers. They connect you with the liquidity providers that ultimately give you the trading instruments and a variety of trading features and research tools. Basically, you almost always require them. Having said that, you must use extreme caution while picking your Forex broker. The trading sector is rife with con artists that offer circumstances that appear lucrative and secure but are actually rife with fraud. Before making a choice, you want to ascertain the broker’s character.
How To Open An Account At Bitaurox.com?
Finding the “Get Started” option in the blue box and entering the normal registration information, such as your name, email address, and phone number, is all that is required to create your first account. After verifying your account, you will be prompted with a few questions to help the broker better understand your experience and expectations.
A trader can choose one of five account types from BitAurox, with the differences being the minimum deposit amount, the spread range in pips, and the broker commissions. The intriguing thing about this is that you can fill out the optional questionnaire if you’re unsure what kind of account you want. The results will show you which account is most likely right for you.
- Bronze: The minimum deposit amount for this account category is $10,000, and the leverage is only 1:100. Due to the fact that this account type is the most basic one the company offers, mobile trading is not permitted with it.
- Silver: This type of account has a little higher leverage of 1:200 than the previous one. The required minimum deposit is $25,000
- Gold: This type of account has a somewhat higher leverage than the previous one (1:400). $50,000 is the required minimum deposit.
- Premium: This type of account has a good leverage ratio of 1:1,000. The required minimum deposit is $100,000.
- VIP: This is an account type for high end consumers that want to customize their experience at this brokerage firm.
Everyone is aware of MetaTrader as a cutting-edge and trustworthy trading platform. Among the trading platforms available on the market, this platform deserves the title of leader. This trading platform enables traders to fully account for the findings of technical and fundamental research thanks to its user-friendly design and a variety of functions and tools. It does, however, have one very significant feature: it needs to be installed on your computer. This is why Bitaurox has a web-based trading platform for its consumers.
Web Trader is easy to use with only a few subtle variations from the well-known MT4 interface. Charts load rather rapidly and don’t need much information to display. You won’t have any trading issues because this internet terminal operates listlessly.
What’s within? Those of you who have used Web Trader before would say that this terminal has less capability overall. For example, you cannot use all of the basic indicators available in the desktop version. You can imagine that for some MT4 customers this is a huge letdown when compared to the desktop version’s feature that allows you to design or alter your own indicators.
The majority of traders continue to favor one of the largest financial markets, if not the largest of them all, where pairs of currencies are exchanged against one another. Traders profit from the difference between the buying price and the selling price. The trading platform offers more than 50 different currency pairs, with spreads starting at just 0.2 pip and a maximum leverage of 1:1000.
An index is made up of a number of businesses that typically operate in related areas. Indexes like the NASDAQ and S&P 500 are formed by these businesses, and the prices of these indices are affected by the actions of the businesses that are listed.
Due to the extreme volatility associated with trading in cryptocurrencies, including Bitcoin, Ethereum, and more than 20 other cryptocurrencies, BitAurox has earned the reputation of being the most fashionable and fascinating financial market.
When we talk about bitaurox.com reviews, there is a lot to consider because the website is filled with material that a trader would like to see. We’ll look at the educational area, what makes this broker different from others, and the information on the website.
The vast majority of trustworthy financial brokers are concerned with educating their traders about the terms used in trading and finances as well as keeping them informed about what is happening with their capital. By maintaining the news channel, the broker keeps their trader updated about the most recent changes in the financial markets. To accomplish this, they use the newest technologies to enable the trader to quickly scan the most recent news trends.
Every broker’s top priority should be providing the finest possible service for their clients. As a result, BitAurox has worked extremely hard to create and maintain a top-notch customer service team that is accessible every day of the week, 24 hours a day. In addition to the comprehensive FAQ page, which addresses all typical queries and important issues, there are specific departments that provide qualified assistance whenever needed. Each department has a unique contact address where knowledgeable and experienced experts are delighted to assist consumers.
BitAurox Review: Final Verdict
Initially, we looked over the broker’s website and discovered that it provides information on just about everything, with the rare lapses being made up for by a comprehensive FAQ area. There are two powerful trading platforms to pick from, and there are a variety of account possibilities. BitAurox provides you with hundreds of different trading assets, including currencies and cryptocurrencies, when it comes to trading terms and conditions. This particular platform is particularly alluring due to its leverage ratio, spread rates, and bonus options.
Finally, we investigated the broker’s legal procedures and discovered that, although lacking a complete government license, Bitaurox.com does use a variety of client protection techniques to safeguard your assets.